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Tesla price cuts, a wise call or a gamble?
Tesla’s stock has been hammered by more than 65% over the past year, and even though the company has been posting record numbers, deliveries and has even released their new Semi-Truck, the stock still doesn’t seem to agree. Recently there has been a lot of concern for the demand for Tesla’s vehicles due to a…
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What’s in it for investors in 2023
2022 was a pretty rough year for investors, mostly all over the world. Especially here in the US. The markets were shook and taken down by Fed’s aggressive rate hikes to which the markets reacted in the most natural way possible. The S&P tanked nearly about 20%, while the tech heavy Nasdaq crumbled down by…
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Twitter may soon go bankrupt, says Elon Musk
There has been a lot going on with Twitter in the past few weeks. Mass layoffs, $8 Blue verification, and now, even talks about bankruptcy. After laying off around 7500 employees and paying $44 Billion for the social network, his first email to the employees went- “Sorry that this is my first email to the…
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FTX founder, Sam Bankman-Fried loses all of his $16 Billion net worth in a matter of 5 days
FTX, which was one of the major crypto exchanges in the world, filed for bankruptcy on 11th of November. FTX was valued around $32 Billion at its peak and it saw the fastest growth ever as a cryptocurrency exchange. The company’s founder and CEO, Sam Bankman-Fried, who often goes by SBF, stepped down as CEO…
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Billionaire Investor Ron Barron states Tesla could soar 570% over the next decade to a $4.5 Trillion Valuation
Billionaire investor Ron Baron of Baron Capital remains bullish on Tesla, despite the stock falling more than 50% this year. In a recent interview, Baron told CNBC that he expects Tesla to deliver outsized gains, eventually leading them toward a $4.5 Trillion valuation. Tesla’s stock will have to reach a price of $1350 to reach…
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You're not the only one who's losing money on their investments, the legendary Warren Buffett is with you as well
The Oracle of Omaha, Warren Buffett is probably one of the best investors of all time if not the best. He has been the legend or the figure most long-term investors look up to. Buffett’s Berkshire Hathaway posted its Q3 earnings a few days back, and unsurprisingly the company also posted a net loss on…
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The Bird is finally free
Recently, Elon Musk completed his acquisition of Twitter paying a full $54.20 per share which values the deal around $44 Billion. After a haul of 6 months, the deal finally came to a conclusion where both Twitter and Musk agreed to close their deal as a success today. Musk immediately fired the former CEO of…